The Federal Reserve Chairman has vowed that U.S. regulators will conduct a “thorough” review of BB&T Corp.’s planned merger with its rival SunTrust. Speaking before the Senate Banking Committee on Tuesday (February 26), Jerome Powell said that regulators will be “going through our process carefully...
November 12, 2019
Former U.S. Federal Reserve Chairman Alan Greenspan said Tuesday (Nov. 12) that central banks have no reason to issue digital currency. “There’s no point for them to do it,” Greenspan said at the Caijing Magazine Annual Conference 2020. He added that no organization can offer sovereign credit backing that way national currencies do. “The fundamental […]
